Today’s Harvest Blog

Today’s Harvest is a valued, timely resource for stories, news, tips and information relevant to Northeast agriculture and our customers.
Farm tractor in a field during the fall harvest

Latest From Today's Harvest Blog

Public Policy

2024 Farm Bill Update

Tom Cosgrove

The Farm Bill has been bogged down since the Fall while Congress has battled over funding the government. Given it’s an election year, Congressional leaders have acknowledged if the Farm Bill isn’t passed by mid-year, it will likely be extended for another year leaving it for the next Congress to complete. Several Farm Credit backed proposals have been introduced this Congress that would allow Farm Credit to lean into meeting the capital needs of rural America. The intent is for these “marker bills” to be included in the Farm Bill. Here is a summary of four of them.

April 9, 2024

Capital building with farm field background

Latest Tax Talk

Adult male farmer sitting on open trunkbed in a crop field using a laptop
Tax Talks
Life Insurance Redemptions Falling Under IRS Scrutiny

In the context of farming business structures, acquiring a life insurance policy is a prevalent practice. Here are two common scenarios and an update on an ongoing Supreme Court case involving the IRS concerning the valuation of businesses when insurance payouts are implicated and whether such proceeds are deemed liabilities or not.

April 11, 2024

Today's Harvest Blog

Tax Talks
Converting Capital Gains into Ordinary Income: Related Party Pitfalls

The tax code can be very confusing for agricultural businesses at times. Senior Tax Consultant, Dario Arezzo, dissects one of these instances — related party transfers — in today's Tax Talks blog.

June 30, 2021

Farm Credit
Northeast Farm Fresh Products in Your Neighborhood

In the Northeast, there is no shortage of fresh food grown locally. What’s your favorite summertime farm product? Let us know in the comments below and visit our Farm Fresh Guide to find out where to buy your favorite farm fresh products all summer long.

June 22, 2021

Business Tips and Tools
Farm Credit East Remains Committed to Protecting Customer Data

Farm Credit East’s information security team has been monitoring recent cyberattacks utilizing ransomware. In today's blog, Information Security Specialist, Deanna Pellegrino, provides helpful information about ransomware and how to protect your data.

June 17, 2021

Ag Economy
Lessons from the Pandemic: Northeast Fiber System's Resilience

In our final installment of the Lessons from the Pandemic series, we shift from the impact on the food system to the impact on the Northeast’s fiber system. The timber industry reacted quickly to the pandemic, promptly curtailing production, but soon found demand for many wood products would actually increase.

June 08, 2021

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